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Automotive Fleet chronicles the acquisitions and mergers of the major fleet leasing and management companies over the years.
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With a population of approximately 51 million people, South Africa has a diverse culture and is viewed as the gateway to Africa. The preference in South Africa is vehicle purchasing. Leasing has only made single-digit penetration in the automotive market.
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Topics covered include the tax implications of leasing vs. owning, fleet-specific tax issues, such as bonus depreciation, and upcoming changes to the tax landscape.
Read More →Interest rates have been at historic lows; gas prices, historic highs. Funding is tight, the economy is flat. What kinds of funding strategies can help fleet managers deal with this kind of uncertainty?
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WALTHAM, MA – Due to a strong residual market in 2011, Thermofisher’s Global Sr. Category Leader for Fleet & Indirect Services, Rick Odell, C.P.M., told Automotive Fleet that his group was able to short-cycle 350 leases in 2011, generating a 10- to 20-percent premium over the expected residual values.
Read More →Newly proposed accounting rules will have a slight impact on the fleet leasing industry. Lessees and lessors should be aware of the potential changes.
Read More →MT. LAUREL, NJ - PHH Corp. reported its third-quarter 2011 financial results. The company said its fleet segment profit was up 24 percent when compared with the third quarter of 2010.
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